Core Insights - Japan's core Consumer Price Index (CPI) excluding fresh food rose by 2.9% year-on-year in September, marking the 49th consecutive month of increase [1] - The primary driver of the price increase was the accelerated rise in energy prices, with electricity and gas prices turning from declines of 7% and 5% respectively in the previous month to increases of 3.2% and 2.2% [1] - The price increases for food and durable consumer goods have moderated compared to last year, but the price of ordinary japonica rice surged by 48.6%, while chocolate and coffee bean prices rose by 50.9% and 64.1% respectively [1] - Hotel accommodation fees increased by 5.8% year-on-year, influenced by rising demand for inbound tourism [1] - Experts believe that the new government's potential implementation of more accommodative fiscal and monetary policies may lead to a depreciation of the yen, further exacerbating inflationary pressures in Japan [1]

Core Insights - The core Consumer Price Index (CPI) for Tokyo's 23 wards increased by 2.5% year-on-year in September, reaching a value of 110.0 [1] Price Drivers - The primary driver for the CPI increase was the rise in food prices, with notable increases including: - Regular rice prices up by 46.9% year-on-year - Rice balls up by 17.7% - Sushi prices increased by 10.0% - Chocolate prices surged by 53.8% - Coffee bean prices rose by 47.8% - Chicken prices increased by 14.1% - Egg prices up by 13.7% [1] Economic Outlook - Economists anticipate that the inflation rate in Japan will begin to slow down in the latter half of the year, raising questions about the timing of potential interest rate hikes by the Bank of Japan [1]

Core Insights - The core consumer price index (CPI) for Tokyo's 23 wards in August was reported at 110.6, reflecting a year-on-year increase of 2.5% [1] Group 1: Price Increases - Food prices were the main driver behind the rise in the core CPI, with significant increases across various categories [1] - The price of ordinary japonica rice surged by 67.8% year-on-year [1] - Prices for rice balls increased by 19.2%, sushi by 10.0%, chocolate by 56.0%, coffee beans by 45.9%, and chicken by 16.0% [1] Group 2: Energy Prices - In contrast, energy prices saw a year-on-year decline of 5.3% [1] - Electricity prices dropped by 6.5% and city gas prices fell by 6.0%, attributed to government subsidies for summer electricity and gas costs [1] Group 3: Economic Indicators - The CPI data for Tokyo's 23 wards serves as a leading indicator for Japan's national CPI, which is set to be released on September 19 [1]